December 9, 2024

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Dr. Kimon Angelides Announces Latest Venture, FemTec Health, a Health Sciences Company with a Mission to Transform Women’s Healthcare

Dr. Kimon Angelides Announces Latest Venture, FemTec Health, a Health Sciences Company with a Mission to Transform Women’s Healthcare

Given that Could of 2020, Angelides and staff have been creating a platform to generate a new regular for the continuum of treatment for women by bringing collectively merchandise, services and details analytics. Key to the solution, FemTec Overall health is developing the info analytics platform and infrastructure to accommodate wide ranging products and expert services, and acquisitions that offer continuity and coordination of care for every lady, at every lifestyle phase. The patent-pending BiomeAI™engine takes advantage of AI and deep equipment mastering to translate consumer, genetic, microbiome, and biometric data into the supply of holistic health care personalised for each woman.

To speed up expansion, acquisitions involve famed membership natural beauty box Birchbox, and Mira Splendor, the world’s first common retailer and collaborative library for magnificence.  FemTec Wellbeing also obtained Liquid Grids, a social advertising system for the health care business that has about 1.5 million associates, to even further the development of its sturdy local community of gals.  Later this calendar year, FemTec Wellbeing will be saying the company’s modern client giving including the re-start of Birchbox, shifting the aim from beauty product discovery to curated individualized skin and health care solutions making use of the BiomeAI™ system.

“Women’s health has been below-investigated and underrepresented for also prolonged. As a lady and a scientist, I have frequently been the sounding board for good friends and spouse and children on their wellness journey – presenting guidance and opinions on skincare, vaginal care, probiotics and health supplements that can support with problems in skin and vaginal overall health, PMS and menopause. What I listen to regularly is that women of all ages do not know wherever to go, or what solutions to pick out that could assistance.  This is exactly where FemTec Health’s unified and coordinated system comes in – we provide personalized companies and science-based mostly products that are significant and efficient for ladies at all levels of their life.  I think the future is female and FemTec Wellness will support get us there,” explained Kim Capone, Chief Scientific Officer.

Buyers, money and shareholders incorporate Longmont Capital, Ithaca LifeSciences, Unilever Ventures, Shiseido, e.Ventures, Viking International, and Trinity Money with a lot more than $38M raised to date. On top of that, strategic partnerships with main overall health and wellness organizations will be declared quickly.

“Our 1st acquisitions in just women’s health and fitness and splendor are key to our mission to revolutionize the women’s health care and beauty industry.  Females ought to have a extensive, all encompassing model created exclusively for them. The beginning issue is to actually have an understanding of a woman’s healthcare requirements and then utilize smart technological innovation like AI and predictive analytics to translate the knowledge into actionable outcomes,” explained Dr. Angelides, Govt Chairman and Interim CEO.

“Our platform can be executed throughout all spots which include specialty treatment, wellness and avoidance, reproductive care, sexual wellness, mental health, continual care, and further than. It is pushed by state-of-the-art genomics and digital technologies that empower women to acquire handle of their wellness at each phase of their life journey, primarily based on their unique well being profiles,” states Dr. Angelides. 

Considering that 2014, the Femtech industry has attracted about $1 billion in funding, and women’s wellness has previously made into just one of the most significant and most consumer-oriented electronic health care marketplaces. FemTec Health’s product or service and service choices have several channels crafted on a direct-to-buyer, membership product, and business-to-company that include substantial employers, health insurers, and channel companions.

Katia Beauchamp, Founder of Birchbox, claims “I have always thought in the electricity of girls as a community, and I believe this is a all-natural phase in the evolution of Birchbox. Eleven many years ago, we had been compelled by an skill to develop deep consumer relationships month immediately after month. FemTec’s vision for the potential of women’s healthcare was inspirational to me and I could see the option for the hundreds of females in the Birchbox local community to increase over and above shopper splendor items to a more holistic health and wellness featuring.”

Dr. Angelides himself, brings many years of experience across health care, wellness, organization to organization and consumer items in general public and private providers. Dr. Angelides earlier launched EosHealth, (which was renamed  Livongo (NASDAQ: LVGO) and debuted in July 2019 with a $355M IPO at a $4.4B valuation and, not long ago acquired by Teladoc for $18.5B), Vivante Wellness, DiabetesAmerica, a community of diabetes centers that pioneered bundled payment, service provider hazard versions, and the 1st distant monitoring of people, and mAbGen, a cancer biotech business that partnered with world-renowned MDAnderson Cancer Center and was acquired by Valeant Prescription drugs.

About FemTec Health and fitness
Launched in May perhaps 2020 by Dr. Kimon Angelides and publicly introduced in Oct 2021, FemTec Overall health is the leading Overall health and Elegance Sciences Enterprise targeted on women’s overall health. Angelides has brought together a female-led staff with decades of expertise across health care, wellness, and consumer items in community and personal organizations. FemTec Health’s mission is to revolutionize women’s healthcare by employing state-of-the-art genomics, predictive intelligence, and electronic systems to develop an expertise that is unified, coordinated, and supplies personalized products and services and merchandise that are significant and effective for ladies. With workplaces in Houston, New York, San Diego, London, Barcelona, Athens & Shanghai. FemTec Overall health at this time has above 150 workers and is escalating promptly. Investors, capital and shareholders contain Longmont Capital, Ltd and HellasMed, LLC (organization principals), Walgreens, Trinity, Unilever Ventures. For a lot more information, check out www.femtechealth.com.

Resource FemTec Health

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http://www.femtechealth.com